Creditors and debtors that want to settle debts often have complications with the collateral that secures the debt. We act as a third-party neutral between the lender and borrower to provide turnaround services, correct any issues, and sell the property to satisfy the debt and resolve personal guarantees that may be part of the loan terms.
We work in collaboration with management teams, not only to develop turnaround plans, but also to provide the resources required to implement those plans.
We identify and implement measures to turn around challenged real estate assets, reset loan covenants, and refinance debts.
We serve as a neutral third party to help partners explore options that partners might not have thought of themselves.
We have experience in environmental due diligence including groundwater contamination, subsurface contamination, hazardous building materials, including asbestos and lead-based paints, wetlands, etc.